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| Cryptocurrency mining 2021 mock | But let's take things a step further. The proof of stake transition makes any such talk completely irrelevant. In the early days of crypto, mining was profitable and easy, but for some coins � especially bitcoin � this has changed dramatically. Many current implementations of the cryptocurrency blockchain are built upon a proof-of-work system, which relies on hardware to do many computations depending on the difficulty set for mining a cryptocurrency block. Clean Energy Program. Jarred Walton. Some jurisdictions have, or are considering, simply banning the practice of mining proof-of-work cryptocurrencies. |
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